Tenants In Common Explained

A tenants in common exchange is a type of north carolina 1031 exchange and serves as an alternative to sole ownership of north carolina income property. It is an investment in a single large commercial north carolina income property by multiple [! =include11!].Internal Revenue Code allows for the reinvestment of proceeds into any like kind north carolina income property or north carolina income properties. Tenants In Common exchanges forgo any economic gains taxes that may have been realized from such a sale. A qualified north carolina 1031 advisor can help explain your options with investing in a tenants in common.

If you have recently sold, or are thinking of selling current investment north carolina income property, we can assist in matching you with a qualified north carolina 1031 advisor. Contact us today for a free consultation.